Market Risk Premium and Risk Free Rate Used for 51 Countries in 2013: A Survey with 6,237 Answers

Fernandez, Pablo; Aguirreamalloa, Javier; Linares, Pablo

doi:10.2139/ssrn.914160

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Market Risk Premium and Risk Free Rate Used for 51 Countries in 2013: A Survey with 6,237 Answers

19 Pages Posted: 15 Jul 2006 Last revised: 27 Jun 2013

See all articles by Pablo Fernandez

Pablo Linares

University of Navarra, IESE Business School

Date Written: June 26, 2013

Abstract

This paper contains the statistics of the Risk-Free Rate and of the Equity Premium or Market Risk Premium (MRP) used in 2013 for 51 countries. We got answers for 78 countries, but we only report the results for 51 countries with more than 5 answers.

Most previous surveys have been interested in the Expected MRP, but this survey asks about the Required MRP. The paper also contains the Risk-Free rate used, comments from persons that do not use MRP, and comments from persons that do use MRP.

Keywords: equity premium, required equity premium, expected equity premium, historical equity premium, risk-free rate, heterogeneous investors

JEL Classification: G12, G31, M21

Suggested Citation: Suggested Citation

Fernandez, Pablo and Aguirreamalloa, Javier and Linares, Pablo, Market Risk Premium and Risk Free Rate Used for 51 Countries in 2013: A Survey with 6,237 Answers (June 26, 2013). Available at SSRN: https://ssrn.com/abstract=914160 or http://dx.doi.org/10.2139/ssrn.914160